Stock Updates: Sensex Declines 389 Points to Close at 62,182

Mumbai: The Sensex and the Nifty today fell more than half a per cent.

Equity benchmark Sensex declined 389 points on Friday. The BSE Sensex finished below the 62,200 level

The pressure by heavy selling in IT, tech and energy stocks despite a positive trend in the global markets.

Besides, rising crude oil prices and relentless foreign capital outflows further weighed on sentiment, traders said.

The Nifty settled below the 18,500 mark. The Nifty also plunged 113 points, or 0.61 per cent, to end at 18,497.

Asian shares tracked Wall Street higher amid hopes that China’s economy would pick up pace as Covid-19 curbs ease.

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